UBS Maintains a 'Buy' on salesforce.com (CRM); Acquisition Not Surprising

June 5, 2012 9:50 AM EDT
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Price: $196.21 -2.56%

Rating Summary:
    48 Buy, 20 Hold, 4 Sell

Rating Trend: = Flat

Today's Overall Ratings:
    Up: 13 | Down: 14 | New: 11
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UBS maintains a 'Buy' on salesforce.com (NYSE: CRM) price target of $190.00.

Analyst, Brent Thill, calls the acquisition of Buddy Media 'Spendy', but not a surprise.

For an analyst ratings summary and ratings history on salesforce.com click here. For more ratings news on salesforce.com click here.

Shares of salesforce.com closed at $131.22 yesterday.


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